Anyone else get their USAA dividend check yet?

[m&m's mom]

I am so happy! I just got my 1st check.
I have been a member for years but just changed our auto insurance over to USAA.
I have been been meaning to look into moving my homeowners and have not yet, but sure will now.
Does anyone know if the insurance rates they charge are different for the direct members vs. their children?

 

[faireygod mother]

Got mine yesterday.

 

[Bob Slydell]

Got mine yesterday.

Ditto

 

[poohbear1029]

oooh, I got an envelope from them and didnt open it yet cause i thought it was a bill!!

I figured we wouldnt get one this year because a lot of it is based on loss ratios and with the hurricanes this year!

 

[RadioNate]

With all the claims this year I'm suprised there are checks. I'm excited because we could really use the money. Our 'christmas present' WDW trip from my dad ended up costing us more than we thought it would.

I know there are different catagories of members depending on how you got to enroll and I always assumed there were different rates but I don't know for sure. I know a girl who works for USAA in insurance quotes and I'll ask her the next time I see her.

 

[Bob Slydell]

oooh, I got an envelope from them and didnt open it yet cause i thought it was a bill!!

This is why they've been putting a really large, bold print "DO NOT THROW OUT" message on the envelopes in recent years.

 

[Chris2597]

We got ours a few days ago.....It sure is nice to get that right before Christmas.
USAA is a wonderful insurer and employer.

 

[dennis99ss]

There are a number of different companies, actually. There is USAA, which is what I will call "direct members" Then, there is USAA county mutual (or something like that) which is for dependants, etc. Then, there is a new company(couple years old), for non-commisioned, which I am told is kept totally away from the others. (I agree with that, as loss ratios would seem to increase as you go down the ranks)

The divident checks vary by company as well, as well as with coverage, etc.

I have not heard a lot about the hurricanes, and I don't recall seeing much in the USAA magazine, but I seem to remember, from somewhere, that USAA had attempted to diversify, or pull out of some areas, in the hurricane areas, that they were pretty well protected. How they can pull out of the coast with retired military I don't know though.

It seems like my paycheck goes to USAA. Both car notes, Car insurance, Home insurance, savings account, tutma accounts for the kids, master card, .....In fact, the last 6 cars for me, and the last 3 for dw, all come through the fsb, where all I have to do is call up, and say, this is what I would like, 5-10 minutes later they say ok, bl;ank draft is on the way. Easiest banking, easiest insurance co. around. banking there since 84, and insurance since 91. Haven't looked back.

 

[Tinkerbelle739]

I have been a member for years and every year I am just as surprised to get that check as the year before!!! I USAA!!!

 

[Galahad]

We got ours. We've gotten on every year for 20+ years. We wouldn't insure with anyone else, but in reality, we get those checks because they have been overcharging (even though they beat most everybody else) us and want to remain competative.

 

[Rafiki Rafiki Rafiki]

I haven't gotten mine.

Honestly, I forget about that check every year. We have all our insurance with them. Have you read about the money they give you after you retire and have been with them for 25 or so years? I forget how much it is, but it seemed substantial.

DH says our rates have gone up because they have started letting lower-ranking enlisted members join. We've talked about changing over our insurance for years but have just not done it.

 

[Christine]

This is the first year that I've gotten a check from USAA and I've been insured with them for about 6 years now. We got in when they opened it up to E-5 and above. From what I am told, we fall into the same company as those that were officer military members. I have a subscriber's savings account (SSA), but so far, my dividends have been very small (less than $25 per year, hence no check). Yesterday I got a $31 check. My co-worker (who was a Navy officer) got his check for over $100 yesterday. My next door neighbor who hasn't even been anywhere NEAR the military with the exception of her FIL who was in the military, gets an $80 check (but no SSA). I've called USAA two years in a row now and no one can tell me why *I* seem to be the only USAA customers who gets hardly a thing. When I was with State Farm, I always got big divident checks.

 

[LK03]

Is this just a check if you have auto insurance with USAA? I'm slightly confused, lol, if so, I will be anxiously awaiting free money!

 

[PrincessaC]

We bank with USAA and have auto and homeowners insurance with them and have yet to get a check.

We do get a notice tho saying that our SCI or something or other received some money. We get it every year and although I know we cant withdraw from it I still have no idea what it is for.

How come some people get checks and we dont.

 

[Kimickey]

I have not recieved mine yet. Maybe I should go and check the mail. Who knows.

 

[noodles]

We have not yet received our check. I was under the impression they were for Auto Insurance customers only. I could be wrong .

 

[Christine]

We bank with USAA and have auto and homeowners insurance with them and have yet to get a check.

We do get a notice tho saying that our SCI or something or other received some money. We get it every year and although I know we cant withdraw from it I still have no idea what it is for.

How come some people get checks and we dont.

This is what was happening to me. You have a Subscribers Savings Account (SSA). Each year they put a certain percentage of money in this account that, I believe, is somewhat of a dividend. When your account exceeds a certain amount AND your dividend is over $25, you will get a check. For people who are just dependents of the military member, but still have USAA, they only get checks and do not have a SSA. I keep being told that I am in the "better" of the two companies, but I have yet to see that. My friend is a dependent. Her car insurance is a bit cheaper than mine (no reason for it to be so and our homeowner's is the same). She gets a huge check each year.

You will never be allowed to touch the money in your SSA unless you get a divorce, leave USAA, or when you die and your dependents will get it. In my opinion, the SSA plan stinks.

 

[PrincessaC]

This is what was happening to me. You have a Subscribers Savings Account (SSA). Each year they put a certain percentage of money in this account that, I believe, is somewhat of a dividend. When your account exceeds a certain amount AND your dividend is over $25, you will get a check. For people who are just dependents of the military member, but still have USAA, they only get checks and do not have a SSA. I keep being told that I am in the "better" of the two companies, but I have yet to see that. My friend is a dependent. Her car insurance is a bit cheaper than mine (no reason for it to be so and our homeowner's is the same). She gets a huge check each year.

You will never be allowed to touch the money in your SSA unless you get a divorce, leave USAA, or when you die and your dependents will get it. In my opinion, the SSA plan stinks.

Oh wow .. thanks for the explanation!

Hmm.. I wonder how much the account has to be before I start getting a check... and from the looks of it.. my dividend has been under $25 so even if my SSA account did exceed that certain amount I wouldn't get a check anyways..

Are you sure that it's only dependants that are not in this plan because I have a friend who is in the military.. he is single and he gets a check every year.. He's not in this plan

yea the plan stinks

 

[froglady]

We started with USAA in 1982, and have gotten a check every year. We have auto & homeowner's with them.

Prior to that, DH & I each had auto insurance with other companies. We paid a lot more, and never got any checks. My parents have had both homeowner's and auto insurance with different companies over the years, and they never got any checks.

I have no complaints about USAA's system.

 

[Boston Tea Party]

No check yet. I didn't expect one this year, frankly.

I love USAA and would never leave them.